Gold and Rare Coins as Valuable Diversification Vehicles

Investment advisors often speak of “negative correlation.”  In practical terms, that means that a well-protected portfolio must contain investments that “zig” while the global stock markets “zag.” 

Gold is Still the “Star” of the Commodity Universe

Despite falling to support levels Monday morning, gold is still up during 2017, which is more than you can say for crude oil or most other commodities.  Crude oil is officially in a bear market – defined as a 20% correction from its most recent high.

Gold is Still the “Star” of the Commodity Universe

Despite falling to support levels Monday morning, gold is still up during 2017, which is more than you can say for crude oil or most other commodities.  Crude oil is officially in a bear market – defined as a 20% correction from its most recent high.

Gold and Fed Rate Cycles

Gold fell after the Fed raised rates last Wednesday, even though gold had risen strongly after each of the previous three interest rate increases by the Fed during this current rate-raising cycle. 

Gold and Fed Rate Cycles

Gold fell after the Fed raised rates last Wednesday, even though gold had risen strongly after each of the previous three interest rate increases by the Fed during this current rate-raising cycle. 

Gold Demand Soars in England

Even though gold corrected in dollar terms, gold shot higher in terms of the British pound, which sank further after the surprise election results.  Gold in pound sterling rose by over 2% from £985 to £1,007.52 an ounce, a seven-week high, on Thursday evening (June 8) after the surprise election results came in.

Gold Demand Soars in England

Even though gold corrected in dollar terms, gold shot higher in terms of the British pound, which sank further after the surprise election results.  Gold in pound sterling rose by over 2% from £985 to £1,007.52 an ounce, a seven-week high, on Thursday evening (June 8) after the surprise election results came in.

The Declining Dollar is Helping Gold

Over the first weekend of June, gold surpassed $1,280 for the first time since April 21.  There is a great deal of gold buying due to terrorism in Europe, unrest in the Middle East, saber rattling in North Korea and increasing attacks on the Trump administration at home, which has reduced faith in the U.S. dollar.

Silver Supply/Demand Curve Begins to Turn in Silver’s Favor

Last week, the Silver Institute and the research team from GFMS at Thomson Reuters said that silver mine production declined in 2016 for the first time since 2002.  The gap between supply and demand also turned negative with 1,007.1 million ounces of supply and 1,027.8 million ounces of demand, creating a 20.7 million-ounce deficit, which puts upward pressure on silver prices.

Silver Supply/Demand Curve Begins to Turn in Silver’s Favor

Last week, the Silver Institute and the research team from GFMS at Thomson Reuters said that silver mine production declined in 2016 for the first time since 2002.  The gap between supply and demand also turned negative with 1,007.1 million ounces of supply and 1,027.8 million ounces of demand, creating a 20.7 million-ounce deficit, which puts upward pressure on silver prices.